December 10 Market Analysis by Lao Biao
After yesterday’s daytime pullback, during the US stock market opening at night, ETH quickly pulled back to around 3100, then surged rapidly, breaking through the previous strong resistance at 3280, reaching a high near 3400. Currently, with the help of the 3.0 upgrade, ETH is improving liquidity. As mentioned by Lao Biao the day before yesterday, there is no resistance on the hourly chart for ETH; the only resistance is on the daily chart near 3386, which has now been reached, resulting in a pullback. If ETH stabilizes around 3280 during today’s daytime
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